Blockchain tech ICONLOOP to play key role in Korean tracing system

South Korea’s blockchain technology enterprise ICONLOOP has launched a blockchain based contact tracing system for Jeju Island.

Given the island reports an average of 15 million visitors per year, it’s seen as vital that the self governing province has a tracing system that is efficient and transparent, leading to it leveraging advanced blockchain technology. 

ICONLOOP’s ‘Jeju Safety Code’ system was developed in cooperation with the island’s government, and has been used at public institutions since August.

Following a successful pilot involving a number of local businesses and restaurants, the Jeju Safety Code has been adopted as part of the ‘Safety Net Strengthening’ project in October’s ‘Jeju-type New Deal Comprehensive Plan’.

The safety code simplifies the track and test process by enabling quick access to an infected person’s record of where they visited and who they came into contact with, allowing them to be quickly notified.

Visitors to the island scan a QR code at businesses, restaurants and other public venues. The QR codes can be placed throughout a business’s facilities and users do not need to sign up for an account to check in, and none of their personal information is stored by a business once check in has been completed. Over 5,000 businesses on the island have completed applications to register for the system.

Kim Jong-hyup, CEO of ICONLOOP, commented: “With the Jeju Safety Code, we’re working to establish a prevention system that works for both Jeju residents and tourists using technology.

“As our daily lives change, ICONLOOP continues to work towards a safer and more secure world through these innovations.”

Expert Analysis: It’s fascinating to see blockchain tech utilised in this way, it affirms its flexibility and potential not only to transactions but to a wide range of sectors. What it can offer in terms of an effective tracing app is undeniable and will undoubtedly benefit the country’s efforts in combating the spread of the virus.